Merritronix IPO Details

SME BSE

Merritronix IPO Summary

Merritronix Logo | Merritronix IPO Details, Date, Price, GMP, Live Subscription

Merritronix IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Merritronix IPO total issue size comprises 47,00,000 shares . This includes a fresh issue of 47,00,000 shares . Pre-issue shareholding stands at 1,27,84,854, which will increase to 1,74,84,854 post-issue.

Merritronix IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Merritronix IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GYR Capital Advisors Pvt Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Merritronix Limited DRHP.

Merritronix IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
1,27,84,854 shares
Post-issue Shareholding
1,74,84,854 shares
Total Issue Size
47,00,000 shares
Fresh Issue
47,00,000 shares
Offer for Sale
-
DRHP Status
Filed with Exchange

Merritronix IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Merritronix IPO Reservation

Promoter Holding

Pre Issue:
85.17%
Post Issue:
-
Promoter Names:
The company's promoters are Dovari Yesudas, Dovari Amarnath, Vanaja D, Darsy Kethan Chandra, Dovari Thaman.

Merritronix IPO Valuations

ROE69.21%
ROCE66.21%
Debt/Equity1.10
RoNW53.34%
PAT Margin7.63%
EBITDA Margin13.31%

Merritronix Financial Information

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets89.5774.1868.4443.79
Total Income56.03114.0486.0153.46
Profit After Tax3.818.663.050.42
EBITDA8.0015.186.731.79
NET Worth29.3516.237.584.52
Reserves and Surplus18.2015.396.733.68
Amount in ₹ Crore

About Merritronix IPO

Merritronix Limited, incorporated in October 1988, is an Electronics Systems Design and Manufacturing (ESDM) company specializing in high-reliability and mission-critical electronic assemblies. The company caters to sectors such as defence, aerospace, telecommunications, and industrial electronics.

The company provides comprehensive B2B services including component sourcing, printed circuit board (PCB) assembly, system integration, testing, box-building, and delivery of fully assembled electronic products, in compliance with stringent defence and aerospace standards in India.

As of December 31, 2025, the company’s manufacturing facility had an installed capacity of approximately 7,65,000 boards for Surface Mount Technology (SMT) assembly, 6,00,000 boards for Through-Hole Technology (THT) assembly, and 4,20,000 units for product assembly/box build, aggregating to a total installed capacity of 17,85,000 production units per annum.

The company is certified under EN 9100:2018 for manufacturing printed circuit board assemblies (PCBAs) for aerospace and defence applications, which is equivalent to AS 9100D and JISQ 9100:2016 standards, and also incorporates ISO 9001:2015 quality management standards.

Merritronix Limited serves a diverse client base across sectors including defence, aerospace, electrical engineering, heavy industries, power, and utilities.

As of January 31, 2026, the company had a workforce of 56 employees across various departments.

Strength Of Merritronix IPO

To be announced

Risk Of Merritronix IPO

To be announced

Objectives Merritronix IPO

1. Capital expenditure towards purchase of Machinery and equipment

2. Funding working capital requirements

3. Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Company

4. General corporate purposes

5. Total

Company Contact Details

C-22, Electronic Complex Kushaiguda
Hyderabad, Telangana , 500062
Phone: +91 8297912056
Email: cs@merritronix.com
Website: https://www.merritronix.com/

Registrar Contact Details

Name:
Bigshare Services Pvt Ltd
Phone:
+91-22-62638200

Merritronix FAQs

The Merritronix IPO is a SME public issue comprising 4700000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Merritronix IPO opens on TBA.

Merritronix IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the Merritronix IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Merritronix IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Merritronix IPO allotment status for updates.

The listing date for the Merritronix IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Merritronix IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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